New Jersey A1831 revises the State Health Benefits Program, including changes to plan offerings, governance, and contribution rates.

New Jersey A1831 makes various changes to the State Health Benefits Program (SHBP). It revises the structure of the State Health Benefits Commission (SHBC) to include 11 members, including the State Treasurer, the Commissioner of Banking and Insurance, and the Chairperson of the Civil Service Commission. The bill requires the SHBC to follow the advice of the program actuary when developing plan designs and managing costs. It mandates that the SHBC review newly approved FDA medications quarterly and consider them for inclusion in prescription drug formularies.

New Jersey A1831 revises the State Health Benefits Program, including changes to plan offerings, governance, and contribution rates.

New Jersey A1831 makes various changes to the State Health Benefits Program (SHBP). It revises the structure of the State Health Benefits Commission (SHBC) to include 11 members, including the State Treasurer, the Commissioner of Banking and Insurance, and the Chairperson of the Civil Service Commission. The bill requires the SHBC to follow the advice of the program actuary when developing plan designs and managing costs. It mandates that the SHBC review newly approved FDA medications quarterly and consider them for inclusion in prescription drug formularies.